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headlines out of charlotte. first lady michelle obama speaking to the party faithful last night. bill clinton is tonight's headliner. we'll go to north carolina and check in with john harwood in a moment. >>> first, nfl kickoff, the giants and cowboys play tonight but the real game is on "squawk" this morning. we'll talk big business of the pigskin with the top nfl executive, mark wal erwaller at eastern time. and exclusive interview with indra nooyi from pepsico. and we'll talk to the owner of the new york jets, woody johnson at 7:15 eastern. and we have the owners of the cowboys and the giants, they will be live together at :15 eastern time. jerry jones and steve tisch in a "squawk box" exclusive. let's start with the top headlines, andrew. >>> let's talk facebook. it's promising not to sell stock to cover a $2 billion tax bill. it says it will cover that with existing cash and borrowing from credit facilities. as a result of the move, total outstanding shares will be reduced by 1.5 million shares. the company spinning it as a equivalent of buy back. the company disclosing rank and
on their delegate and tonight michelle obama will be speaking and john harwood is in charlotte, joining us with a preview of all the action this morning. john? >> are you sure you're done with breaking news on joe's tape worm situation? >> i don't have one yet. if i get one, i know where it's -- andrew just got back from africa, john, which i'm sure you've been there, haven't you? >> caller: i have. >> you climb kilimanjaro or something or what did you do? >> i went there several times. most of the time i was covering unrest in south africa during the 1980s before mandela was released. >> you weren't in luxury tree houses with a jacuzzi in your room? >> i have been on luxury camping situations. it's pretty cool. but most was for reporting. >> good answer. >> andrew, if he gets sick at all any time in the next three months, you're going to get blamed. >> god knows what you brought back with you. >> i'm going to bring you a prescription. >> did you behave yourself over there? she was with you? >> yes. >> you were home every night? >> don't go there. >> let's go to the convention -- >> just l
capitalism. in michelle obama's speech she said it's more important to try than to succeed. it is not how much money you make but how hard you work. >> these are all good platitudes. no one is going to disagree money doesn't help happiness and we want to help people that need help. they put forward all these platitudes as if -- they have the good stances. they want to help children. the republicans don't. they want to help people get education. the republicans don't. they want to help people have retirement. every time they say that -- >> all they want to do is talk about it. look at who they're appealing to, people who don't understand what a profit is. what they don't understand is the people who help people are the people who make the most money because making money is a sign of how many people you helped because you figured out what the consumer wanted and gave it to them at a low price and that is how you got rich. >> as long as there is competition. now it's a global market place. >> it's always been a global market place. >> but our companies need to be as lean as they can to succe
they're doing for your kids. wind much like michelle obama's speech about saying don't chase the dollar. >> you need to do it on merit and you need to be able to fire them. >> and that is the sticking point. >> i'm talking about the teachers unions, not the teachers. of course you defend teachers. >> but a good teacher, and the difference between a good teacher and bad teacher a give teacher does not -- >> you can't be fired after two or three years for the rest of your life and you make twice as much as the average person. >> >> i'm not disputing anything i said. i'm just saying the best teachers i ever had, i promise you worked around the clock. just like you do, just like becky does. >> but the difference is that the union -- >> talking about getting summers off and making $71,000 plus $15,000 in benefits versus an average $47,000 -- are you going to say happy camper next? anyway, go ahead. >> the problem is it you're not able to weed out the bad teachers. that's the problem with the teachers union. >> i'm with her and you, by the way. >> you're not. >> we are. >> then i have to chan
that at all. >> did you hear any of that, tony? >> what about michelle obama? >> i think he just cited elizabeth warren's prime time speech. >> but do you have all the good positions, the democrats do. you care about people, not greedy money. you don't want to cut off health care for old people, you you love old people, you care about educating children. and by definition, i guess republicans are on the opposite side of all those positions which is a lousy -- you staked out all the good positions. >> this is working out great. >> it's difficult to run on that platform. >> it's that kind of rhetoric actually that really makes any kind of reform just impossible, right? because any reform of any existing system means that you are by definition, you know, just -- you want to create pottervilles in america by doing anything. >> it's working, though. >> i don't understand that at all. i mean, look, let's bring it down to kind of a reality level here. reform. okay. certainly i feel very strongly that the financial sector needs reform. and financial regulatory reform which dodd-frank passed un
Search Results 0 to 4 of about 5